LGMK - LogicMark, Inc. Stock Price, Fair Value and News

0.83USD+0.02 (+2.47%)Delayed

Market Summary

USD0.83+0.02

Delayed

2.47%

LGMK Stock Price

View Fullscreen

LGMK RSI Chart

LGMK Valuation

Market Cap

1.8M

Price/Earnings (Trailing)

-0.13

Price/Sales (Trailing)

0.19

EV/EBITDA

0.24

Price/Free Cashflow

-0.45

LGMK Price/Sales (Trailing)

LGMK Profitability

Operating Margin

65.20%

EBT Margin

-151.80%

Return on Equity

-123.52%

Return on Assets

-91.6%

Free Cashflow Yield

-220.7%

LGMK Fundamentals

LGMK Revenue

Revenue (TTM)

9.7M

Rev. Growth (Yr)

-7.07%

Rev. Growth (Qtr)

7.64%

LGMK Earnings

Earnings (TTM)

-14.4M

Earnings Growth (Yr)

7.28%

Earnings Growth (Qtr)

81.12%

Breaking Down LGMK Revenue

Last 7 days

12.2%

Last 90 days

-18.6%

How does LGMK drawdown profile look like?

LGMK Financial Health

Current Ratio

3.04

Debt/Equity

0.02

Debt/Cashflow

-15.12

LGMK Investor Care

Shares Dilution (1Y)

70.61%

Diluted EPS (TTM)

-10.65

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	9.7M	0	0	0
2023	11.1M	10.0M	9.7M	9.9M
2022	11.2M	11.8M	12.2M	11.9M
2021	10.1M	10.4M	10.2M	10.0M
2020	16.7M	14.7M	12.9M	11.4M
2019	17.0M	17.1M	17.1M	17.1M
2018	20.0M	16.7M	17.4M	17.1M
2017	11.4M	15.0M	18.7M	22.4M
2016	4.2M	0	0	7.7M
2015	342.7K	434.1K	525.5K	616.9K
2012	0	0	0	251.4K

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of LogicMark, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 03, 2024	simmons chia-lin	acquired	-	-	46,200	president and ceo
Aug 07, 2023	simmons chia-lin	acquired	-	-	62,000	chief executive officer
Aug 07, 2023	archer mark	acquired	-	-	1,100	chief financial officer
Aug 07, 2023	archer mark	acquired	-	-	20,900	chief financial officer
Jun 22, 2022	curtis robert arthur	bought	11,460	1.146	10,000	-

Which funds bought or sold LGMK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	MORGAN STANLEY	unchanged	-	-4.00	63.00	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-2.65	-421	4,741	-%
May 15, 2024	CITADEL ADVISORS LLC	new	-	9,938	9,938	-%
May 13, 2024	NATIONAL BANK OF CANADA /FI/	unchanged	-	-	1.00	-%
May 13, 2024	Team Financial Group, LLC	sold off	-100	-1.00	-	-%
May 13, 2024	UBS Group AG	new	-	3,888	3,888	-%
May 10, 2024	TD Waterhouse Canada Inc.	sold off	-100	-3.00	-	-%
May 10, 2024	GROUP ONE TRADING, L.P.	unchanged	-	-62.00	876	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	added	54.55	5.00	17.00	-%
May 10, 2024	OSAIC HOLDINGS, INC.	unchanged	-	-47.00	794	-%

Are Funds Buying or Selling LGMK?

Are funds buying LGMK calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LGMK

No. of Funds

Unveiling LogicMark, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 05, 2024	simmons chia-lin	6.0%	131,736	SC 13D
Nov 28, 2023	simmons chia-lin	4.3%	85,536	SC 13D/A

Recent SEC filings of LogicMark, Inc.

View All Filings

Date Filed	Form Type	Document
May 15, 2024	10-Q	Quarterly Report
May 10, 2024	8-K	Current Report
May 06, 2024	S-1	Initial Public Offering
Apr 26, 2024	DEF 14A	DEF 14A
Apr 26, 2024	ARS	ARS
Apr 22, 2024	8-K	Current Report
Apr 17, 2024	8-K	Current Report
Apr 16, 2024	10-K	Annual Report
Apr 12, 2024	PRE 14A	PRE 14A
Apr 05, 2024	SC 13D	13D - Major Acquisition

Peers (Alternatives to LogicMark, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	103.3B	18.9B	3.89%	17.13%	27.92	5.46	7.08%	13.46%
CTAS	70.2B	9.4B	3.55%	46.60%	46.72	7.46	9.34%	15.98%
CPRT	52.4B	4.1B	0.93%	23.38%	38.65	12.91	10.52%	25.37%
EFX	30.8B	5.4B	4.69%	18.29%	55.13	5.75	5.76%	-4.95%
BAH	19.8B	10.3B	8.58%	63.14%	48.27	1.91	13.90%	-5.05%
ALLE	10.9B	3.6B	-1.06%	12.63%	20.13	3	4.33%	10.69%
MID-CAP
RHI	7.4B	6.2B	2.28%	3.37%	21.08	1.21	-13.83%	-42.32%
AL	5.5B	2.7B	1.27%	26.05%	9.4	2.02	15.08%	16.51%
SRCL	4.3B	2.6B	-4.39%	7.90%	-221.54	1.64	-3.11%	-123.81%
ABM	3.0B	8.2B	7.93%	6.44%	11.58	0.36	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	1.35%	107.67%	18.93	0.71	104.63%	188.16%
ALTG	285.4M	1.9B	-26.28%	-43.39%	32.07	0.15	15.20%	-4.30%
ARC	118.7M	283.1M	3.77%	-7.09%	13.57	0.42	-0.83%	-20.92%
AQMS	48.7M	212.0K	-14.00%	-58.65%	-1.94	213.63	-40.62%	-60.52%
AWX	9.4M	81.0M	4.35%	-6.98%	-8.5	0.12	-4.98%	-14.33%

LogicMark, Inc. News

Latest updates

LogicMark, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	7.6%	2,611,083	2,425,690	2,367,227	2,326,995	2,809,717	2,146,531	2,751,570	3,367,692	3,650,689	2,417,829	2,383,029	2,782,575	2,438,682	2,576,598	2,639,193	2,482,983	3,744,029	4,024,349	4,444,431	4,486,811	4,181,710
Cost Of Revenue	2.2%	843,865	825,566	769,956	-	947,169	825,463	1,047,204	-	-	-	1,115,570	-	888,093	863,926	760,965	669,059	948,124	1,162,155	1,107,373	1,079,333	1,019,634
Gross Profit	10.4%	1,767,218	1,600,124	1,597,271	1,599,719	1,862,548	1,320,528	1,704,366	2,003,106	2,203,384	1,500,618	1,127,584	1,707,697	1,449,294	3,002,115	1,878,228	-1,813,924	2,795,905	2,862,194	3,337,058	3,407,478	3,162,076
Operating Expenses	-67.5%	3,572,913	10,986,744	3,376,860	3,876,109	3,748,415	3,680,337	3,842,471	3,128,538	3,486,529	7,556,629	1,624,467	1,919,369	2,232,184	2,183,924	2,404,653	1,917,250	1,756,499	2,082,048	2,610,515	2,844,027	2,654,425
S&GA Expenses	251.4%	587,538	-388,130	636,643	517,931	2,413,760	-707,489	264,528	275,011	2,335,949	76,285	75,389	89,781	80,123	6,815	577,085	562,860	725,681	775,723	760,011	894,070	849,513
R&D Expenses	-1.1%	173,902	175,834	242,697	250,266	313,887	399,348	374,842	204,592	262,484	202,366	136,891	279,450	313,896	351,713	257,832	312,777	186,612	245,999	354,257	403,327	204,953
EBITDA Margin	-0.4%	-1.38	-1.37	-0.74	-0.77	-0.60	-0.51	-0.75	-0.65	-0.64	-1.01	-0.43	-0.44	-	-	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	-	-	-	-	-	-778,275	144,821	389,542	861,248	536,459	551,916	564,303	601,342	609,271	1,133,273	691,267	586,201
Income Taxes	-	16,581	-	-	-	805,245	-	-	-	-	-	-	-	-	14,872	-	-6,337	16,351	-343,930	-	-	-
Earnings Before Taxes	81.3%	-1,744,543	-9,314,663	-1,444,476	-2,267,880	-1,833,439	-2,298,073	-2,093,518	-1,112,273	-1,283,145	-6,084,011	-641,704	-555,747	-4,222,157	-1,532,192	-1,078,341	-667,629	438,064	170,875	-406,730	-2,172,161	-292,973
EBT Margin	-1.4%	-1.52	-1.50	-0.81	-0.85	-0.66	-0.57	-0.87	-0.77	-0.76	-1.15	-0.68	-0.71	-	-	-	-	-	-	-	-	-
Net Income	81.1%	-1,700,000	-9,004,814	-1,444,476	-2,267,880	-1,833,439	-2,436,029	-2,093,518	-1,112,273	-1,283,145	-6,288,280	-641,704	-555,747	-4,222,157	-1,557,078	-1,078,341	-667,629	438,064	503,446	-7,637,227	-3,357,127	-1,298,547
Net Income Margin	-1.1%	-1.48	-1.47	-0.83	-0.86	-0.67	-0.58	-0.88	-0.79	-0.78	-1.17	-0.69	-0.71	-	-	-	-	-	-	-	-	-
Free Cashflow	-50.3%	-1,096,908	-729,719	-401,313	-1,818,758	-1,388,618	-1,738,475	-1,526,881	-881,856	255,459	-	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-7.5%	15,740	17,017	25,152	25,639	27,459	25,641	27,559	28,569	29,346	30,123	38,394	25,541	30,887	26,948	24,834	24,183	24,413	25,048	25,337	37,865	39,434
Current Assets	-15.7%	6,782	8,049	8,572	9,314	11,319	9,534	11,772	12,859	14,338	14,440	17,982	4,920	10,050	5,894	3,558	2,678	2,957	3,365	3,391	3,629	4,813
Cash Equivalents	-21.1%	5,047	6,398	6,700	7,650	9,782	6,977	9,388	11,204	12,225	12,255	16,232	3,393	8,666	4,538	2,243	1,513	1,589	1,737	1,501	1,494	2,701
Inventory	-24.7%	887	1,177	1,136	987	1,134	1,745	1,077	623	876	1,237	913	746	780	767	872	808	950	1,303	1,504	1,216	1,224
Net PPE	-8.0%	187	203	229	253	253	256	247	172	37.00	-	-	2.00	13.00	29.00	46.00	62.00	78.00	95.00	113	122	127
Goodwill	0%	3,144	3,144	10,959	10,959	10,959	10,959	10,959	10,959	10,959	10,959	15,480	15,480	15,480	15,480	15,480	15,480	15,480	15,480	15,480	15,480	15,480
Liabilities	7.4%	2,261	2,105	2,317	1,702	1,696	2,854	2,712	2,000	2,193	1,727	4,168	6,374	10,589	15,982	15,575	15,684	15,321	16,526	17,374	22,322	22,798
Current Liabilities	8.5%	2,228	2,053	1,927	1,294	1,272	2,414	2,381	1,651	1,826	1,342	3,962	6,151	6,131	6,473	5,695	5,434	4,960	5,673	5,790	6,587	6,656
Short Term Borrowings	-	-	-	-	-	-	-	-	-	-	-	-	-	-	346	346	346	-	-	-	213	1,603
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	266	319
Shareholder's Equity	-10.9%	11,672	13,105	21,028	22,129	23,955	20,980	23,040	24,762	25,848	26,589	32,417	17,359	18,490	9,159	7,452	6,691	7,284	6,715	6,156	13,736	14,828
Retained Earnings	-1.7%	-101,905	-100,160	-91,156	-89,711	-87,443	-85,610	-83,178	-81,078	-79,953	-78,656	-72,355	-71,686	-71,130	-65,428	-63,112	-62,033	-61,366	-61,804	-62,307	-54,670	-51,313
Additional Paid-In Capital	0.3%	113,258	112,947	111,865	111,522	111,080	106,070	105,697	105,319	105,280	104,725	104,244	89,041	89,616	74,587	70,560	68,722	68,647	68,516	68,461	68,403	66,138
Accumulated Depreciation	-	-	-	-	-	-	483	463	447	456	456	926	925	913	897	881	865	848	831	813	794	776
Shares Outstanding	2.1%	2,197	2,150	1,419	1,325	1,220	480	480	480	474	458	298	254	241	203	-	-	-	-	-	-	-
Float	-	-	-	-	3,776	-	-	-	9,761	-	-	-	45,004	-	-	-	14,259	-	-	-	19,725	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-50.7%	-1,091	-723	-395	-1,813	-1,382	-1,698	-1,457	-745	292	-2,623	-1,517	-770	-1,002	-328	-594	93.00	517	760	811	-97.20	766
Share Based Compensation	14.4%	418	365	418	395	400	447	453	114	630	649	208	40.00	40.00	40.00	40.00	40.00	40.00	88.00	103	188	230
Cashflow From Investing	50.3%	-167	-337	-496	-395	-143	-577	-283	-410	-36.99	-	-	-	-	-	-	-	-	-	2,912	-	-
Cashflow From Financing	-112.8%	-91.58	717	-75.00	77.00	4,331	-75.00	-75.00	-75.00	-75.00	-1,353	14,356	-4,502	5,131	2,623	1,324	-169	-665	-523	-2,967	222	1,268

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

LGMK Income Statement

2024-03-31

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenues	$ 2,611,083	$ 2,809,717
Costs of goods sold	843,865	947,169
Gross Profit	1,767,218	1,862,548
Operating Expenses
Direct operating cost	330,920	262,800
Advertising costs	152,213	48,116
Selling and marketing	587,538	465,536
Research and development	173,902	313,887
General and administrative	1,898,963	2,413,760
Other expense	83,826	28,318
Depreciation and amortization	345,551	215,998
Total Operating Expenses	3,572,913	3,748,415
Operating Loss	(1,805,695)	(1,885,867)
Other Income
Interest income	61,152	52,428
Total Other Income	61,152	52,428
Loss before Income Taxes	(1,744,543)	(1,833,439)
Income tax expense
Net Loss	(1,744,543)	(1,833,439)
Preferred stock dividends	(75,000)	(75,000)
Net Loss Attributable to Common Stockholders	$ (1,819,543)	$ (1,908,439)
Net Loss Attributable to Common Stockholders Per Share - Basic (in Dollars per share)	$ (0.85)	$ (1.92)
Weighted Average Number of Common Shares Outstanding - Basic (in Shares)	2,150,412	996,080

LGMK Balance Sheet

2024-03-31

Condensed Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Current Assets
Cash and cash equivalents	$ 5,047,449	$ 6,398,164
Accounts receivable, net	259,604	13,647
Inventory	886,876	1,177,456
Prepaid expenses and other current assets	588,043	460,177
Total Current Assets	6,781,972	8,049,444
Property and equipment, net	187,014	203,333
Right-of-use assets, net	98,294	113,761
Product development costs, net of amortization of $142,295 and $68,801, respectively	1,275,521	1,269,021
Software development costs, net of amortization of $76,719 and $23,354, respectively	1,505,446	1,299,901
Goodwill	3,143,662	3,143,662
Other intangible assets, net of amortization of $5,856,958 and $5,666,509, respectively	2,747,609	2,938,058
Total Assets	15,739,518	17,017,180
Current Liabilities
Accounts payable	760,283	901,624
Accrued expenses	1,467,391	1,151,198
Total Current Liabilities	2,227,674	2,052,822
Other long-term liabilities	32,922	51,842
Total Liabilities	2,260,596	2,104,664
Commitments and Contingencies (Note 8)
Series C redeemable preferred stock, par value $0.0001 per share: 2,000 shares designated; 10 shares issued and outstanding as of March 31, 2024 and as of December 31, 2023	1,807,300	1,807,300
Stockholders’ Equity
Preferred stock
Common stock, par value $0.0001 per share: 100,000,000 shares authorized; 2,150,412 issued and outstanding as of March 31, 2024 and as of December 31, 2023	216	216
Additional paid-in capital	113,257,840	112,946,891
Accumulated deficit	(101,905,434)	(100,160,891)
Total Stockholders’ Equity	11,671,622	13,105,216
Total Liabilities, Series C Redeemable Preferred Stock and Stockholders’ Equity	15,739,518	17,017,180
Series F preferred stock
Stockholders’ Equity
Preferred stock	$ 319,000	$ 319,000

About LogicMark, Inc.

LogicMark, Inc. offers personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform in the United States. It manufactures and distributes non-monitored and monitored personal emergency response systems, which are offered through healthcare durable medical equipment and monitored security dealers/distributors, and the United States Department of Veterans Affairs. The company was formerly known as Nxt-ID, Inc. and changed its name to LogicMark, Inc. in March 2022. LogicMark, Inc. was founded in 2006 and is based in Louisville, Kentucky.

CEO	Ms. Chia-Lin Simmons
WEBSITE	logicmark.com
INDUSTRY	Information Technology Services
EMPLOYEES	25

LogicMark, Inc. Frequently Asked Questions

What is the ticker symbol for LogicMark, Inc.? What does LGMK stand for in stocks?

LGMK is the stock ticker symbol of LogicMark, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of LogicMark, Inc. (LGMK)?

As of Fri May 17 2024, market cap of LogicMark, Inc. is 1.82 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LGMK stock?

You can check LGMK's fair value in chart for subscribers.

What is the fair value of LGMK stock?

You can check LGMK's fair value in chart for subscribers. The fair value of LogicMark, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of LogicMark, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LGMK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is LogicMark, Inc. a good stock to buy?

The fair value guage provides a quick view whether LGMK is over valued or under valued. Whether LogicMark, Inc. is cheap or expensive depends on the assumptions which impact LogicMark, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LGMK.

What is LogicMark, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, LGMK's PE ratio (Price to Earnings) is -0.13 and Price to Sales (PS) ratio is 0.19. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LGMK PE ratio will change depending on the future growth rate expectations of investors.